MBA also recorded a decline in the average loan size of new homes to $332,801 in August from $337,775 in July. Related stories: Mortgage apps for new homes rise on rising starts
Builder MBA: Mortgage Applications Rise 4.9%, Interest Rates Still Rising Average contract interest rates for jumbo loans and loans backed by the FHA both rose above 5% this week.
Mortgage rates freeze as market enters uncertain era Foreclosure aid programs lifted by $70.1 million in NeighborWorks funds Mortgage Delinquencies Pass 10%: LPS Pending home sales rise for 15th straight month A "pending home sale" is a home under contract to sell, but not yet closed. The forward-looking Pending Home Sales Index is up 11 percent from its low of the year, according to the National Association of REALTORS, and well ahead of its rolling 6-month average.mortgage default Rate Spikes In June: LPS.. ( TheStreet) — The national mortgage delinquency rate rose sharply in June, according to LPS, though the seasonal increase is usually not this.